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Artificial Intelligence (AI) has revolutionized various aspects of our lives, offering tremendous potential for progress and convenience. Over the past six months, AI has demonstrated its potential to transform industries, making processes more efficient and accurate. AI algorithms have significantly accelerated scientific discoveries, allowing scientists to analyze complex data sets and gain insights that were previously inaccessible. However, the emergence of FraudGPT, a generative AI tool, poses a serious threat due to its capability to automate various cybercriminal activities. This poses significant risks to personal privacy, financial security, and the overall integrity of digital ecosystems.